Mac Scope

Will Apple Stock Tank Again?

Stephen Van Esch - Oct. 2, 2000

This article was originally published on osOpinion "sometime before the iBook shipped," which makes it over a year old. It is reproduced here by permission of the author.

In light of Apple's recent stock surge, I am seriously considering investing in Apple stock. It has made substantial (to put it mildly) gains in the last year and seems poised to go even further.

Apple's stock, according to some, is "undervalued" and is making its way back into the Wall Street's good books.

So I'm left wondering: Is this a good time to buy? Will Apple stock shoot ever higher with the release of the consumer version of OS X, the P1 and maybe, just maybe, a revised iMac? Am I willing to make the bet?

My worst fear is that the market, like a fair weather friend, will abandon Apple at the drop of a hat. They are all too willing to leave market darlings out to dry if they perform exceedingly well but not up to expectations. Compaq and Intel are fine examples.

Where does this leave Apple? After an extraordinarily rough ride, I suspect that investors will quite willingly pummel Apple stock at the first sign of weakness. If Apple fails to exceed expectations even once, the financial pundits will start speculating about Apple's downfall all over again.

"In light of Apple's recent weak quarter, what's your recommendation John?"

"Well, Apple has had a good run these last few quarters but we are now seeing if they can hold the momentum. This current quarterly result may be the first indication that they can't."

Heck, that scenario could play itself out even if Apple met outrageous expectations.

There's no doubt that no matter how well Apple performs, it has a long way to go to regain any sort of long-term commitment from skittish investors. Can investors shrug off a bad quarter at Apple as "a bump in the road" or will they head for the hills?

I don't think that the current Apple stock love-in is anything other than a one-night stand. I'm not convinced that investors will stick around to make breakfast.

Fix Home Button Delay, Tablet the Ultimate Mobile PC, iPad Notebook a Possibility, and More, iOS News Review, 2012.02.10. Also using your iPad at work, two photo editors, a new iPad text editor, Macally's magnetic iPad 2 stand, and more.
White MacBook Goes End-of-Life, Logitech Touch Mouse Supports Gestures, Firmware Updates, and More, The 'Book Review, 2012.02.10. Also MacBook Air better than any Ultrabook, docks for MacBook Pro models, Intel offers improved SSDs, and more.
Mac and iOS Browsers: Options Galore, Freeware Forum, 2012.02.10. Safari is adequate on Mac and great on iOS, but the range of good alternatives is stunning. LEM writers share their favorites.
Apple's Support Lead Shipping, Smartphones Outsell PCs, OS X Ported to ARM by Intern, and More, Mac News Review, 2012.02.10. Also the power of Tex-Edit Plus, Google and Twitter are already censoring the Web, Snow Leopard Security Update, and more.
LogMeIn: Remote Screen Sharing for the Rest of Us, Alan Zisman, Zis Mac, 2012.02.09. Configuring the Mac's built-in screen sharing to work over the Internet can be difficult or impossible. LogMeIn makes it easy.
15 Years Ago Motorola Unveiled the PowerPC G3, Low End Mac Round Table, 2012.02.06. The G3 processor was optimized for real world Mac software and made a big leap forward in efficiency.
Don't Kill Caps Lock, Learning to Love the iOS Keyboard, and an Adaptive iPad Keyboard, Charles W. Moore, Miscellaneous Ramblings, 2012.02.06. The Caps Lock key has a useful function, the iPad's keyboard really is useful, and checking out an adaptive keyboard for the iPad.
More links in our archive.

Recent Deals

About LEM Support Usage Privacy Contact

Low End Mac is an independent publication and has not been authorized, sponsored, or otherwise approved by Apple Inc. Entire Low End Mac website copyright ©1997-2012 by Cobweb Publishing, Inc. unless otherwise noted. All rights reserved. Apple, the Apple logo, Macintosh, iPad iPhone, iMac, iPod, MacBook, MagSafe, Mac Pro, Apple TV, and AirPort are registered trademarks of Apple Inc. Additional company and product names may be trademarks or registered trademarks and are hereby acknowledged.
Advice is presented in good faith, but what works for one may not work for all. Please report errors to .
LINKS: We allow and encourage links to any public page as long as the linked page does not appear within a frame that prevents bookmarking it.
Email may be published at our discretion unless marked "not for publication"; email addresses will not be published without permission, and we will encrypt them in hopes of avoiding spammers. Letters may be edited for length, context, and to match house style.
PRIVACY: We don't collect personal information unless you explicitly provide it. For more details, see our Terms of Use.

Custom Search

Follow Low End Mac on Twitter
Join Low End Mac on Facebook

Low End Mac Reader Specials

TypeStyler 11 is now in the Mac App Store!! -- Special Introductory Price of $59.95!! -- To Buy From The Mac App Store Click Here Now!! Or buy direct from Strider Software.

Don't install Parallels to play poker online! Poker Mac will show you how to download and install a native Mac poker and Mac Casino applications in minutes.

Affiliates

Amazon.com
The Apple Store
The iTunes Store
PC Connection Express
GainSaver
Parallels Desktop for Mac
eBay

Mac Scope

Will Apple Stock Tank Again?

Further Reading

Links for the Day

Recent Content

Recent Deals

About LEM Support Usage Privacy Contact

Low End Mac Reader Specials

Favorite Sites

Affiliates

Advertise